NOT LISTED FOR SALE

1218 NW Despain Place Pendleton, OR 97801

Estimated Value: $275,000 - $324,000

4 Beds
2 Baths
2,704 Sq Ft
$112/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $264,000 $98 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,924/month

4 Days on Market

Highlights

  • Views
  • Storage
  • Gentle Sloping Lot

About This Home

As of May 2021

Adorable investment duplex property on quiet North Hill cul-de-sac. Great income producing at $975 on main level and $895 on lower level. Both units have their own laundry facilities. Kitchen appliances stay with property. Seller pays water, sewer, and garbage.

Last Listed By

Marsha Morgan

Coldwell Banker Farley Company License #930900241 Listed on: 04/16/2021

Coldwell Banker Farley Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,025

Year Built

  • Built in 1917

Lot Details

  • 6,970

Parking

  • Assigned Parking

Home Design

  • Stucco Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Storage
  • Basement Fills Entire Space Under The House
  • Property Views

Additional Features

  • Gentle Sloping Lot
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,025

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2704
  • Stories: 2
  • Year Built: 1917
  • Property Condition: Existing
  • Remarks Public: Adorable investment duplex property on quiet North Hill cul-de-sac. Great income producing at $975 on main level and $895 on lower level. Both units have their own laundry facilities. Kitchen appliances stay with property. Seller pays water, sewer, and garbage.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: Lot 4, Block 11 Irvington Heights Addition.
  • Basement: Full Basement
  • Storage: Locked

Exterior Features

  • Exterior Description: Stucco
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • View: City, Seasonal
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Assigned

Utilities

  • Fuel Description: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Common Amenities: Laundry

Schools

  • Elementary School: Washington
  • Middle School: Sunridge
  • High School: Pendleton

Lot Info

  • Lot Description: Gentle Sloping
  • Zoning: R2

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 2776.80
  • Assessor Parcel Number: 103607
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.81

MLS Schools

  • Elementary School: Washington
  • High School: Pendleton
  • Middle School: Sunridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 21, 2021
Sold by
Chapman Rosemary J
Bought by
Wtechlink Incorporated
Seller's Agent
Marsha Morgan
Coldwell Banker Farley Company
Buyer's Agent
Marsha Morgan
Coldwell Banker Farley Company
List Price
$265,000
Sold Price
$264,000
Premium/Discount to List
-$1,000
-0.38%
Total Days on Market
4
Current Estimated Value
$301,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,579
Avg. Annual Appreciation
5.64%
Original Mortgage
$184,800
Outstanding Balance
$169,595
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$158,853

Purchase Details

Listed on
Mar 23, 2015
Closed on
Nov 2, 2015
Sold by
Moreno Patricia Ponceti
Bought by
Chapman Rosemary J
Seller's Agent
Milne Purchase McLaughlin
Clark Jennings & Asso. OR, LLC
Buyer's Agent
Marsha Morgan
Coldwell Banker Farley Company
List Price
$139,000
Sold Price
$105,000
Premium/Discount to List
-$34,000
-24.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.07%
Original Mortgage
$103,098
Interest Rate
3.75%
Mortgage Type
FHA

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wtechlink Incorporated $264,000 Pioneer Title Co
Chapman Rosemary J $105,000 Pioneer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wtechlink Incorporated $184,800
Previous Owner Chapman Rosemary J $103,098
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $264,000 -0.4% $98 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $265,000 +152.4% $98 / Sq Ft
11/06/2015 11/06/15 Sold $105,000 -24.5% $39 / Sq Ft
10/13/2015 10/13/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $139,000 -- $51 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,025 $163,310 $50,660 $112,650
2023 $2,952 $158,560 $49,180 $109,380
2022 $2,785 $153,950 $0 $0
2021 $2,534 $141,640 $26,350 $115,290
2020 $2,777 $149,470 $46,360 $103,110
2018 $2,646 $140,900 $43,700 $97,200
2017 $2,487 $136,800 $42,420 $94,380
2016 $2,273 $129,520 $23,510 $106,010
2015 $2,165 $128,960 $39,980 $88,980
2014 $2,385 $128,960 $39,980 $88,980
Source: Public Records

Agents Affiliated with this Home

  • Marsha Morgan

    Seller's Agent in 2021

    Marsha Morgan

    Coldwell Banker Farley Company

    (541) 377-5152

    171 Total Sales

    Marsha Morgan
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21641523

Regional Multiple Listing Service (RMLS)

APN: 103607

Oregon Umatilla County Pendleton 97801

1218 NW Despain Place, Pendleton, OR

Homes for Sale in Pendleton, OR

This home is located at 1218 NW Despain Place, Pendleton, OR 97801 since 16 April 2021 and is currently estimated at $301,579, approximately $111 per square foot. This property was built in 1917. 1218 NW Despain Place is a home located in Umatilla County with nearby schools including Washington Elementary School, Sunridge Middle School, and Pendleton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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